NYSE$SPOT
Spotify Technologies SA · Q4 2026 earnings
Q4 2026 earnings · · Before market open · Investor relations
Briefing
SPOT Q4 2026 — extraction skipped
Spotify Technologies SA filed Form 6-K (accession 0001140361-26-008076) for Q4 2026, but headline financial numerics could not be extracted automatically: no headline numerics found by parser nor by Financial Datasets fallback. The row is marked as AI-processed so the queue advances; numerics will be filled by Financial Datasets on its next pass.
- Form 6-K filed; press release body not parseable here.
- Reason: no headline numerics found by parser nor by Financial Datasets fallback.
- Numerics rely on the Financial Datasets fallback.
Headline financials
Revenue & EPS history
Spotify · Revenue · Quarterly
$5.32B
Forward guidance
For Q1 2026, Spotify expects continued user growth, stable revenue, and solid profitability despite foreign exchange headwinds.
Tailwinds
- Total revenue guidance of approximately €4.5B for Q1 2026.
- Premium subscribers expected to reach around 293M.
- Total MAUs expected to grow to approximately 759M.
- Operating income guided to approximately €660M.
- Gross margin expected to remain above 32%.
Headwinds
- Foreign exchange expected to create a meaningful revenue headwind.
- Gross margin expected to decline sequentially from Q4 levels.
- Advertising pricing softness may persist in some markets.
- Higher marketing and personnel costs expected in Q1.
- Seasonality could moderate sequential growth.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q4 2026
-0.8%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+0.5%
Avg return
30 days after
42%
14 / 33 earnings
Positive
+18.1%
Q4 2022
Best reaction
-21.5%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -12.3% | -11.0% | — | |
| Q4 2026 | -12.4% | -11.0% | — | |
| Q3 2025 | -2.1% | -4.2% | -12.9% | |
| Q2 2025 | -11.5% | -10.5% | -1.9% | |
| Q1 2025 | -3.5% | +7.7% | +6.5% | |
| Q4 2024 | +13.2% | +13.5% | -1.0% | |
| Q3 2024 | +13.9% | +11.7% | +17.0% | |
| Q2 2024 | +13.9% | +8.9% | +15.8% | |
| Q1 2024 | +3.3% | +6.4% | +10.4% | |
| Q4 2023 | +7.9% | +7.8% | +21.1% | |
| Q3 2023 | +4.7% | +3.1% | +17.2% | |
| Q2 2023 | -8.9% | -9.2% | -17.1% | |
| Q1 2023 | +1.3% | +1.6% | +12.3% | |
| Q4 2022 | +18.1% | +21.2% | +18.5% | |
| Q3 2022 | -10.8% | -11.9% | -17.3% | |
| Q2 2022 | +10.2% | +10.9% | +5.1% | |
| Q1 2022 | -7.0% | -1.4% | +2.3% | |
| Q4 2021 | -21.5% | -15.8% | -33.6% | |
| Q3 2021 | +14.6% | +19.3% | -0.5% | |
| Q2 2021 | -4.9% | -3.6% | -4.6% | |
| Q1 2021 | -10.5% | -15.4% | -17.5% | |
| Q4 2020 | -8.8% | -6.2% | -20.3% | |
| Q3 2020 | -13.1% | -14.3% | +0.5% | |
| Q2 2020 | -2.0% | -4.8% | +4.6% | |
| Q1 2020 | +8.4% | +4.0% | +29.4% | |
| Q4 2019 | +0.0% | -3.9% | -5.9% | |
| Q3 2019 | +12.7% | +21.7% | +18.4% | |
| Q2 2019 | +0.3% | -3.4% | -13.0% | |
| Q1 2019 | -1.8% | -1.5% | -9.1% | |
| Q4 2018 | -5.9% | -1.1% | +0.6% | |
| Q3 2018 | -7.1% | -4.7% | -8.9% | |
| Q2 2018 | -0.9% | -2.7% | +2.3% | |
| Q1 2018 | -2.7% | -9.0% | -3.4% | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — |
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